Knowing what discount brokers are and the benefits they offer can help you make an informed choice when it comes to opening an account. Here is a list of discount brokers in India that will help you get started!
A discount broker is a financial broker that charges lower fees than traditional full-service brokers. They do this by offering fewer services. For example, a full-service broker will typically advise on both investments and insurance policies, while a discount broker may only offer advice or tools for investing. This allows them to charge lower fees for the services that you want and need.
Free Discount Broker
As luck would have it, one can find free discount brokers in India! These firms offer free services such as portfolio management, fund search, and personalised portfolio recommendations. However, they typically charge transaction fees for buying and selling shares on the stock exchange.
List of Discount Brokers in India
Here is a list of some of the most popular discount:-
Samco Ventures Private Limited was incorporated in March 2015. The company was founded by Jimeet Modi who is currently the CEO of the company. It acquired Samruddhi Stock Brokers Limited and re branded it to Samco Securities.
In May 2015, Samco launched India’s first trading and investing...Read More
Largest stock broker in India, 1+ Crore Zerodha clients contribute to over 15% of all retail order volumes in India daily by trading and investing in:
- Futures and Options
- Commodity derivatives
- Currency derivatives
- Stocks & IPOs
- Direct mutual funds
- Bonds and Govt. Securities
Angel One Limited, formerly known as Angel Broking Limited, is an Indian stockbroker firm established in 1996. The company is a member of the Bombay Stock Exchange, National Stock Exchange of India, National Commodity & Derivatives Exchange Limited and Multi Commodity Exchange of India Limited. It is a depository participant with Central Depository Services Limited (CDSL).
As Mentioned on 5Paisa Website:- A Paisa Saved is A Paisa Earned
We know that your money is precious and has to be invested carefully to get maximum returns. We make this possible by bringing you technology driven solutions that enable you to invest at a lower cost. We empower you with information to take right decisions at the right time. Our simple and easy-to-use interface is aimed at waking up the investor in you!
The Digital Investor of the future!
Paytm Money Claimed that We are taking an ‘investor-first’ approach.
We are focused on bringing a fully digital investing experience for you. We provide maximum benefits to you as we offer only direct plans in mutual fund schemes which come with no hidden commissions.
Paytm Money Limited...Read More
We are Alice Blue
We are evolving…for Better. Everyday. We want to be trusted and adorned by our clients. We wish to be No.1 Stock Broker in the country. We aspire to be the best for our clients. This is what we are working towards and we are quite relentless in achieving our Vision.
According to Fyers:-
To empower new-age traders & investors with the best-in-class technology and platforms Our products & services are aimed to help active investors & traders in India to gain a winning edge in the stock markets.
Bajaj Financial Securities Limited-
A 100% subsidiary of Bajaj Finance Limited, Bajaj Financial Securities Limited is set to disrupt the discount broking space through its unique offerings and comprehensive capital market solutions. With secure technology and advanced platforms, you can trade...Read More
ProStocks, a Sunlight Broking LLP venture, is a leading online brokerage firm allowing customers to invest and trade in stocks listed in Indian Stock Market. Customers can trade at BSE and NSE in segments including Equity Cash (Intraday and Delivery), Equity Derivatives (Futures and Options), Currency...Read More
TradeSmart is a venture of the larger organization, VNS finance and embodies the same principles of trust and transparency within itself. With a strong track record in the brokerage business for over 20 years, we at TradeSmart have no doubts about our success in the online business as well.